Options Granted During Takeover Talks
Are Boon for Executives at Fore Systems

By

Timothy D. Schellhardt Staff Reporter of The Wall Street Journal

Updated May 14, 1999 11:12 a.m. ET

If executives trade shares in their company's stock while secret takeover talks are under way, they could face insider-trading-law sanctions. But what if directors grant huge and lucrative stock option awards while such private discussions are under way?